Related topic: Commercial

Knowledge Bank recently launched a dedicated development finance lending type on its platform.

John Kent and Marc Champ add depth from across the commercial property finance spectrum.

Kim has held previous roles at Yorkshire Building Society, RBS and ABN AMRO Commercial Finance.

Avamore says the appointments will strengthen its broker-focused approach.

29% of brokers report rising asset finance applications, with a further 26% seeing no change, showing steady demand despite wider caution.

On average, there are reductions of 0.30% for trading businesses and 0.20% for commercial investment deals.

The digital marketplace is designed to help brokers and borrowers secure development finance, bridging loans and commercial mortgages.

The lender has enhanced its development finance offering to lower the upfront cash burden on developers.

A discount of 0.25% is available in cases where the borrower can demonstrate a DSC or ICR of 200%.

Josh has held previous business development positions at Hodge Bank and Fleet Mortgages.